Would you rather be an equity holder or a non-equity holder? Also, any ideas on why the PPMD pension is much less generous for newer partners than it was in the past?

likefunny
Posting as :
works at
You are currently posting as works at
Post Photo
likefunny

This can't be a serious question.

funnylike
Post Photo

I'll take my equity

like

lol

funny

F

like

Equity. New partner pensions/retirement programs are less lucrative but they are cash and portable, which may be just as attractive to some. The old pensions are not sustainable for the firms - too much debt obligation to the current partnership.

helpful

I’m fully convinced that is the biggest reason for the cash outs into PE. Firms from $200 million in revenue up are staring down the barrel of a huge pension liability. Those pension liabilities aren’t on the OCBOA or cash basis financial statements, so they’ve been ignored. They know there’s no way to deal with it except to take PE money - the added bonus is that they get to blame PE when all the things that made their culture and made them profitable start getting taken away. Circle of life I guess.

like

👀

Related Posts

Interested about PDM stats. Like if you got a comp adjustment and comment if you didn’t.

likehelpful
like

Hey Fishes..
I cleared
Oracle interview PLSQL developer role.
What salary to ask? I have HR round @on Tuesday.
CCTC: 14LPA
YOE: 6.6 years

Oracle

Hi Guys ,i got offered a Associate Consultant Role in KPMG but they said that there is no joining bonus. Want to know more about the designation like i have 4 years of exp so is it a low designation and should i have been offered a joining bonus. Please Advise ..TIA

like

What is your salary as an analyst?
Location,how long in current role ,company,yoe?

Sharing mine: Santa Monica,new 6 months in current marketing analyst role,90k-120k depend on OT work, Atvi. Previously worked for amazon e-commerce management for 4 years.

like

I have experience in node.js and react with 3 yr fulltime and 1 yr internship. Current ctc is 6.5 lpa. How much be my expected salary?

like

Hi Fishes, Can you please help me with Salary Range for Grade 7A at GSK?
They're Matching my Current Offer's Fixed Part with Fixed + Yearly Bonus. Which I think is a downside.
Want to know the range to know limits of negotiation without losing the offer

like

EY UAE... Salary insights at Sr. Consultant level in Tax.EY UAE.. can anyone provide any idea

like

MD salary range at Huron? And bonus potential?

like

Amazon India Hi fish,
What is the avg hike percentage yearly at Amazon India for Support engineers.Amazon

like

Anyone have idea on below companies. Which is better in terms of WLB & hikes? Both offering almost same CTC.
1)EPAM Systems
2) FactSet

like

What's the average salary for RN-BC with 8 years experience in ER in the Cleveland area?

like

Hi Fishes, PWC (SDC) is offering 7lpa (saying it's fixed) for Associate2 position Could someone please confirm how much pwc gives for associate position yea : 2 , i think i am being lowball current CTC : 4.5L

like

Hi fishes,

I got progression and now I am a S3 in EY GDS, Financial Risk Team. Bangalore

As S3 is also internally called as AM level, how much salary hike can i expect? I got EC as rating this year and have 5 years of experience.

Current salary 8LPA Fixed.

Thanks!

like

I have started a side hustle with two friends. It's Climate Tech related. We have been working with it for the past year as a part-time hustle. We want to take it to the next stage.

My two other friends have a background in consultancy and one of them had a mentor who is really high up at a Big4. He would like to join the start up as a Partner. He seems really experienced and could help raising money, although he does not seem to care about climate change.

What would be a good offer?

like

Hi,
What salary is offered in SAP LAB for SAP ABAP with BTP skill with 8+ yrs exp?

like

Salary check . Please add so we can compare . Amount , City would be helpful

likehelpful

Looking to get a management job with Apple and would like to see what the pay scale is for a store manager Apple

like

what is the notice period in tech Mahindra and what will be variable pay % in total package

like
like

More Posts

Are the standards for what makes a black man or woman an attractive person for a potential relationship or marriage material the same for white men or women? Do we judge all 4 groups (black man, black woman, white man, white woman) the same?

like

I saw Goody Proctor in congress with the Devil.

like

How do I leave audit? At times I feel trapped thinking to myself there is no way life is suppose to be like this. How do you find the right opportunity? Everyone says network. But, how do I network? Do I just reach out to my peers asking if they’re hiring? I would love some stories on how others ended up leaving and used their network to find a job they enjoyed doing.

like

RMP dropped a mail about mandatory vaccination. No reference to hybrid model. Is this the new normal at ZS INDIA?

like

Retail workers: are there any staff shortages where you work? Our store is 5 people short so we are all having to work overtime to make sure shifts are covered. It's exhausting.

like

I heard from my head that there is a lot of slowdown in VW Germany... There is Hiring freeze, level freeze and all ... And soon that will spillover to india. So be prepared for very less hikes in coming cycle :( Also automotive sector in general is struggling with tesla laying off 10% workforce recently. Maybe time to make a move? What do you say fishes?

like

I was released without cause today but my boss mentioned my battle with mental health and that I’m looking for other jobs before canning me. Should I address this with the board or leave it alone?

like

Hi all,
I onboarded to capgemini yesterday and today I completed email setup. However, I'm not able to access talent page from mobile/personal laptop. Can anyone help me?

like
like

If a sales position says it’s 60% base, 40% commission is that good? Or a red flag?

like

Good Morning Everyone,

I hope everyone’s week has been going well. I applied for the Business Development Manager - Platform Partnerships with Square for Zone B.

Would there be someone willing to point me in the right direction or refer me?

Thank you in advance.

like

Looking for a job in PMO role please help

like
like

In the beginning of my career I absconded 1 company who had 3 years bond and I worked there for 5 months. My pf account is created for that company and it has been closed with reason cessation (short service). After that I worked in 1 company for 6 years and since January I'm working in TCS. Should I mention my first company experience. So far I'm not mentioning it anywhere.
Please help me out with this
Requesting you to like the post even if ur not able to help so that it reaches to more poeple

like
like

Deloitte India vs Deloitte USI.
Please answer if you have worked for both and have significant first hand experience about the difference in WLB, annual hikes, work culture, any other observations.
I see a lot in of this same discussion but very confusing and repetitive answers.
So would like people with personal experience to answer.
Thanks in advance 😃

after receiving the portal link to accept the offer letter, what is the deadline to I accept it?

like

What’s the going rate for an implementation manager with 4 years of service. Primarily in the PBM world

like

What are your top 5-10 apps you use on the daily?

Edit: daily mobile or desktop app

like

Additional Posts in Partner One

Partners / Managing Directors: in your junior years, how did you manage not wanting to work with a Senior Mgr who consistently tries to pull you into work he is doing? (He lies, tries to make you think that he is doing you favors, etc.) Does your answer now change as a Partner / MD?

like

Partners, I imagine some of you are older. Do you remember a time of instability such as this in history? How has the media changed over the decades? How are you thinking about the times if at all?

likefunnysmarthelpful

I’m one of the top performers in the company and got invited to the company’s emerging leadership program. I always meet all my goals and deliverables on time but still feel like half of the time I’m not even doing anything (or performing my best). How do I leverage this ‘off-time’ into something productive in order to progress faster?

like

Big4 partners, do you feel the journey has been worth it when gauging by the variables of money, family, sphere of influence, and happiness? Or industry still seems more alluring? Thanks for your wisdom.

like

This bowl has been quiet and I see partners commenting on odd posts around fishbowl so I figure you need more fodder: partners, did any of you have parents that travelled as much as you do?

like

Executive presence - what is ONE thing that helped you the most in significantly improving your executive presence during workshops, town halls, kickoffs etc.

like

Partners - do recruiters/headhunters ever reach out to you? What types of roles/levels do they reach out for?

When you independently search for other opportunities (if you do), what types of roles do you look for?

like

What’s the hardest things you find about being a partner?

likefunny

PwC Anyone went through a direct admit Partner process? I am being approached and have some questions (process, timeline, interviews experience, compensation etc.) Thank you!

like

Big4 Advisory Partners/Principals - how much do you make in your 1st - 4th year as a partner/principal?
Trying to make a decision whether its worth continuing.

likehelpful

How much do MDs make? What is their comp structure like?

like

For those who were promoted to partner from senior manager at EY - did you still receive your yr end bonus for your last SM yr?

PwC partners have any comments on the cohort model? A lot of complaints in PwC bowl arising from the disappointing adjustment and the constraints the model has imposed on career growth

like

All else equal, is it easier to become direct admit PP rather than promoted to that role from SM or MD? Seems less obstacles. Thoughts?

like

How does one know when one has taken it too far with fake it till you make it?

like

Anyone got the skinny on Alix consulting?

Got pinged by a recruiter for an MD role in digital transformation

He claims they compete with MBB and Alvarez.

Thoughts?

like

What are the benefit differences between an equity partner and a non-equity partner (e.g. managing director)?

Do partners know each other’s compensation? I see partners selling engagements for vastly different numbers b/w shorter ‘interesting’ strategy work and longer ‘boring’ transformations. Thoughts?

like

Big 4 Partners, what is your take on mental health breaks? If an employee in your team takes a mental health leave would they be looked at unfavourably/ would someone’s candidature be shelved if they say they’re returning from a mental health break and looking for a job at your firm?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal